Occupations/13-2053.00
Insurance Underwriters
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Usually a four-year bachelor’s degree.
AI automation risk
77%
Higher automation risk
Human characteristics
40%
Balanced human and task mix
Task orientation
64%
Higher automation risk
A day in this job
- Mostly routine
Review company records to determine amount of insurance in force on single risk or group of closely related risks.
- Task
Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
- Task
Decline excessive risks.
The tasks we can read here lean routine. That sits next to the AI risk rank — it is not a forecast that the job disappears.
Core tasks
- 01Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
- 02Decline excessive risks.
- 03Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
- 04Evaluate possibility of losses due to catastrophe or excessive insurance.
- 05Review company records to determine amount of insurance in force on single risk or group of closely related risks.
- 06Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
Model drivers (O*NET 1–5)
- Repeating same tasks3.53
- Degree of automation2.87
- Time sitting4.93
- Originality (ability)2.88
- Conflict situations3.52
- Hands-on objects/tools2.87
- Outdoors / weather1.20
- Disease exposure1.03
- Decision freedom4.30
Top abilities
- Written Comprehension3.88
- Written Expression3.75
- Inductive Reasoning3.75
- Oral Expression3.62
- Oral Comprehension3.50
- Deductive Reasoning3.50
- Speech Clarity3.38
- Problem Sensitivity3.38
Essential skills
- Reading Comprehension3.75
- Active Listening3.75
- Writing3.75
- Speaking3.62
- Mathematics2.88
- Science1.38
- Critical Thinking3.75
- Active Learning3.12
- Learning Strategies2.75
- Monitoring3.00
CIP matches
Schools offering related programs
12 of 86 shown
Earnings are College Scorecard medians for that program, 1 and 2 years after completion. A dash means the Department suppressed the cell or the campus is not in the field file.
| Institution | Program | Tuition | Admit | Grad 6-yr | Earnings |
|---|---|---|---|---|---|
Stanford University Stanford, CA · Private nonprofit | Risk Management 52.0215 | $62,400 | 4% | 96% | 1 yr $166,516 2 yr $163,337 Master's · CIP 52.02 |
Columbia University in the City of New York New York, NY · Private nonprofit | Risk Management 52.0215 | $68,200 | 4% | 96% | 1 yr $166,356 2 yr $170,426 Master's · CIP 52.02 |
City Colleges of Chicago-Wilbur Wright College Chicago, IL · Public | Risk Management 52.0215 | $4,600 | 100% | 27% | 1 yr $160,423 2 yr $189,565 Master's · CIP 52.02 |
University of California-San Diego La Jolla, CA · Public | Risk Management 52.0215 | $15,200 | 24% | 87% | 1 yr $150,453 2 yr $143,744 Master's · CIP 52.02 |
New York University New York, NY · Private nonprofit | Risk Management 52.0215 | $60,400 | 12% | 88% | 1 yr $150,006 2 yr $145,543 Master's · CIP 52.02 |
Howard University Washington, DC · Private nonprofit | Risk Management 52.0215 | $33,200 | 53% | 65% | 1 yr $112,701 2 yr $114,046 Master's · CIP 52.02 |
Massachusetts Institute of Technology Cambridge, MA · Private nonprofit | Risk Management 52.0215 | $60,100 | 4% | 96% | 1 yr $88,639 2 yr $96,183 Master's · CIP 52.02 |
University of Michigan-Ann Arbor Ann Arbor, MI · Public | Risk Management 52.0215 | $17,700 | 18% | 93% | 1 yr $87,942 2 yr $83,177 Bachelor's · CIP 52.02 |
University of North Carolina at Chapel Hill Chapel Hill, NC · Public | Risk Management 52.0215 | $9,000 | 17% | 91% | 1 yr $76,041 2 yr $73,823 Bachelor's · CIP 52.02 |
University of California-Los Angeles Los Angeles, CA · Public | Risk Management 52.0215 | $13,800 | 9% | 92% | 1 yr $73,549 2 yr $81,456 Bachelor's · CIP 52.02 |
Emory University Atlanta, GA · Private nonprofit | Risk Management 52.0215 | $60,800 | 11% | 91% | 1 yr $73,112 2 yr $77,283 Bachelor's · CIP 52.02 |
Georgetown University Washington, DC · Private nonprofit | Risk Management 52.0215 | $65,400 | 12% | 95% | 1 yr $67,660 2 yr $69,338 Bachelor's · CIP 52.02 |